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$3,258 (target)

59 Palmetto Green Dr., Longs, SC 29568

3 beds • 2 baths • 1288 sqft

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This property might be a fair Mid-Term investment with a projected 6.35% first-year return on $80,538 initial cash invested.

6.35%

Cash On Cash

8.24%

Cap Rate

1.37

DSCR

$3,258

Rent

$426

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,258 income − $2,832 expenses = $426 cash flow

Income$3,258Mortgage P&I$1,49046%Property Taxes$582%Insurance$1123%HOA$652%Management$39112%CapEx$1304%Vacancy$983%Maintenance$1304%Other$35811%Cash Flow$426

Investment Breakdown

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Purchase Price

$298k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,538

Downpayment

20%

$59,560

Closing costs

1%

$2,978

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,258

Total Expenses

$2,832

Mortgage P&I

46%

$1,490

Property Taxes

2%

$58

Home Insurance

3%

$112

HOA

2%

$65

Property Management

12%

$391

CapEx

4%

$130

Vacancy

3%

$98

Maintenance

4%

$130

Other

11%

$358

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